Marital Property Distribution
Marital property can include property obtained during the marriage, as well as retirement and other benefits, regardless of whose name it is in. During a divorce, the marital property must be divided between the parties. Alabama is an “equitable distribution” state. This does not mean “equal” or “half”, but rather what the court considers fair. Generally, the courts accept a fair division that has been agreed upon by the parties, however if an agreement cannot be reached, the court will divide the marital property.
The attorneys in our office have the experience to advise and assist you regarding the division of your property.
Marital Property Settlements
Property settlements involve the property that a couple obtained either before or during marriage. There are two types of property; marital, which is acquired during the marriage, and separate, which is acquired either before the marriage or through inheritance.
Alabama law requires the division of the marital property to be equitable, meaning that it must be fair. That means that a judge may divide property in any matter that they deem fair, regardless of which spouse actually owns the property. Hodges Trial Lawyers can assess your case and advise you regarding your property settlement.
Huntsville Divorce Lawyers at Hodges Trial Lawyers, P.C. Ensure a Fair Distribution of Marital Property
If you have questions about divorce and division of marital property, turn to the experienced Huntsville divorce lawyers at Hodges Trial Lawyers, P.C. We offer compassionate guidance and zealous advocacy, so our clients can rest assured their interests are protected. Call 256-539-3110 or 888-539-3110 or contact us online to arrange a confidential consultation. From our offices in Huntsville and Athens, we assist clients across North Alabama, including the areas of Madison County, Limestone County, Marshall County, Jackson County, Morgan County, and Lauderdale County.